Funding you earn now, next payment 22:00 UTC−0.0183%/8h= −20.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.055%
Price spread now: gTrade (Gains Network) against Reya−0.045%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 0.045% cheaper against Reya than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya kPEPERUSDPERP | 0.000004802 | 0.0189 | pay 0.0024% / 1h | 6m 35s | $7K | — | 15x |
| Short | gTrade (Gains Network) PEPE/USD | 0.000004800 | L +0.0006% / S −0.0006% | get 0.0001% / 1h | 6m 35s | $14K | — | 150x |
Reya kPEPERUSDPERP
gTrade (Gains Network) PEPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$38.42
- Price spread: −0.045% → 0.000%
- −$4.54
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$58.96
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Reya no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Reya and gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PEPE on 35 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004797 | −0.118% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0006% / S −0.0006% | 1h | 0.000004800 | −0.045% | $14K | — | 150x | |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004796 | −0.133% | $58.3M | $72.7M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004800 | −0.050% | $59K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004794 | −0.183% | $87.2M | $275.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004797 | −0.112% | $149.9M | $62.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004798 | −0.083% | $24.9M | $53.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004820 | +0.375% | $577K | $3.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004830 | +0.569% | $27K | $340K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004811 | +0.188% | $1K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004804 | +0.040% | $553K | $3.4M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0182% | 8h | 0.000004799 | −0.070% | $41.4M | $484.6M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0183% | 8h | 0.000004800 | −0.041% | $42.4M | $150.9M | 75x | as long as short |
| Reya kPEPERUSDPERPlong | +0.0189% | 1h | 0.000004802 | long leg | $7K | — | 15x | |
| BloFin PEPE-USDT | +0.0299% | 8h | 0.000004803 | +0.013% | $3.9M | $21.8M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −16.708% | $52K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0420% | 8h | 0.000004810 | +0.155% | $29K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004808 | +0.117% | $578K | $25.1M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0496% | 8h | 0.000004809 | +0.140% | $2.3M | $6.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0530% | 8h | 0.000004799 | −0.067% | $5K | $16 | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004824 | +0.450% | $4K | $110K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0583% | 1h | 0.000004807 | +0.096% | $81K | $94K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0713% | 1h | 0.000004806 | +0.069% | $92K | $624K | 15x | as long as short |
| Lighter 1000PEPE | +0.0744% | 1h | 0.000004806 | +0.075% | $599K | $5.3M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0745% | 1h | 0.000004805 | +0.046% | $188K | $848K | 10x | as long as short |
| SoDEX 1000PEPE-USD | +0.0756% | 1h | 0.000004809 | +0.138% | $2K | $9K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0759% | 1h | 0.000004830 | +0.575% | $103K | $762K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0762% | 1h | 0.000004806 | +0.084% | $3.9M | $13.1M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0827% | 8h | 0.000004803 | +0.017% | — | $254.7M | — | as long as short |
| Extended 1000PEPE-USD | +0.0872% | 1h | 0.000004799 | −0.069% | $529K | $147K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0872% | 8h | 0.000004803 | +0.011% | $91.3M | $292.4M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0872% | 1h | 0.000004813 | +0.221% | $136K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0873% | 8h | 0.000004804 | +0.025% | $128.0M | $1.02B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0900% | 8h | 0.000004803 | +0.015% | $1.5M | $6.9M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1184% | 1h | 0.000004805 | +0.055% | $550 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Nado kPEPE-PERP
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD